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Foncière Namur

Active
Public limited companyfounded 2010active for 15 yearsPlace des Célestines(NR) 21, 5000 Namur, BelgiumKBO/BCE: BE 0832.178.143
Summary

The computed 12-month bankruptcy probability of Foncière Namur is 2.3% (moderate). The 2025 annual accounts show negative equity (-€687,487) and a net result of -€396,823. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 15% of 516 sector peers (NACE 55, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-12-2010 Normal situation
Activity
Hotels and similar accommodation NACE 55100
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2024
Establishment unit
2.218.409.497 5000 Namur, since 23-12-2010
Financial year end
31 December
Peppol
Reachable since 15-04-2026

Board and ownership

Board
  • HOTEL INVEST BELGIUMDirector · since 12-09-2023 · permanent representative Georges MEURISSE
Shareholders

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Annual accounts 2025
Gross margin
€1.4m
▲ 21.8%
Turnover
≈ €2.5m
estimated
Loss
€396,823
▼ 32.1%
Equity
-€687,487
▼ 137%
Total assets
€4.7m
▼ 7.6%
Employees on 31-12-2025
20
▼ 9.1%
  • Negative equity on 31-12-2025
Filed on 29-06-2026, 32 days before the deadline
Score breakdownraises riskNegative equity -€687,487Liquidity: current ratio 0.53, cash €170,349Loss of €396,823, the second in a row (financial year 2025)Size: 17.6 FTE, total assets €4.7mShow the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 27% of small companies in accommodation (NACE 55)
Financial strength · tick: 2024
Weak
Solvency 10-9
equity -14.5% of total assets
Liquidity 54+7
short-term debt 9.7% · cash 3.6%
Profitability 17+10
return on assets -8.4%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (579 companies, NACE 55, small)
Last 24 months 12-2024: 1.0%lowest value 01-2025: 1.0%● unchanged vs 12-2024lowest value 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.2%▲ +0.2 percentage points vs 02-2025 04-2025: 1.4%▲ +0.2 percentage points vs 03-2025 05-2025: 1.7%▲ +0.3 percentage points vs 04-2025 06-2025: 1.8%▲ +0.1 percentage points vs 05-2025 07-2025: 2.0%▲ +0.2 percentage points vs 06-2025 08-2025: 3.9%▲ +1.9 percentage points vs 07-2025highest value 09-2025: 3.9%● unchanged vs 08-2025highest value 10-2025: 3.1%▼ -0.8 percentage points vs 09-2025 11-2025: 3.1%● unchanged vs 10-2025 12-2025: 3.1%● unchanged vs 11-2025 01-2026: 3.1%● unchanged vs 12-2025 02-2026: 3.2%▲ +0.1 percentage points vs 01-2026 03-2026: 3.2%● unchanged vs 02-2026 04-2026: 3.3%▲ +0.1 percentage points vs 03-2026 05-2026: 3.3%● unchanged vs 04-2026 06-2026: 3.4%▲ +0.1 percentage points vs 05-2026 07-2026: 2.3%▼ -1.1 percentage points vs 06-2026 08-2026: 2.3%● unchanged vs 07-2026 09-2026: 2.3%● unchanged vs 08-2026 10-2026: 2.3%● unchanged vs 09-2026 11-2026: 2.3%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.53 (0.75 in 2024), below 1. Short-term debt is 9.7% and cash 3.6% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 55, small). It does better than 12% of them on solvency, 72% on liquidity, 18% on profitability and 5% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Negative equity -€687,487
NBB · annual accounts
raises risk · Liquidity: current ratio 0.53, cash €170,349
NBB · annual accounts
raises risk · Loss of €396,823, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Size: 17.6 FTE, total assets €4.7m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€687,487
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
31 days early
2023
13 days early
2022
129 days early
2021
100 days early
2020
100 days early
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 63 days before the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 68 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€687,487 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€396,823 View
  • Caution: Equity fell in 2025from -€290,664 to -€687,487 ▼ 137% View
  • Caution: Less equity than 89% of companies in accommodationsector median €854,422 · 516 companies -€687,487 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Registered office moved to NamurResignation: MEURISSE Georges (director) · Permanent representative: MEURISSE Georges
  2. · Gazette deed Resignations: Marie Danlos (director) and Tugdual Millet-Taunay (director)Appointments: HOTEL INVEST BELGIUM (director) and Georges MEURISSE (director) · Permanent representative: Georges MEURISSE
  3. · Gazette deed Resignations & appointments
All 18 events

Comparable companies

These companies have the same main activity as Foncière Namur: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €4m and €6.8m, founded between 2008 and 2013.

CompanyTotal assetsGross margin
Foncière Namur Namur€4.7m€1.4m
HOTEL DONNY De Panne€5.8m€1.7m
Hôtel Et Restaurant Organisation Nouvelle Jurbise€5.4m€1.8m
STAR RACING Stavelot€4.0m€2.2m
SABATEL Brugge€5.8m€1.8m
FM HOTEL Estinnes€6.6m€1.9m
SUDRIN Kuurne€6.8m€2.0m
Full comparison

Key facts about Foncière Namur

What is the company number of Foncière Namur?
The company number of Foncière Namur is 0832.178.143. The VAT number is the same number with BE in front: BE 0832.178.143.
Where is Foncière Namur based?
The registered office is at Place des Célestines(NR) 21, 5000 Namur.Company details
What does Foncière Namur do?
According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
What is the legal form of Foncière Namur?
The legal form of Foncière Namur is Public limited company (NV).
When was Foncière Namur founded?
Foncière Namur was founded on 23-12-2010.
Is Foncière Namur still active?
Yes, Foncière Namur is an active enterprise in the KBO register.
How many employees does Foncière Namur have?
Foncière Namur had an average of 17.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Foncière Namur fall under?
In its 2024 annual accounts, Foncière Namur states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of Foncière Namur?
The turnover in financial year 2025 is ≈ €2.5m. This figure is estimated from the gross margin of €1.4m and 1,584 comparable companies of the same size. It probably lies between €1.7m and €4.1m. It is a rough estimate. In financial year 2022 turnover was €281,202.
Is Foncière Namur profitable?
In financial year 2025, Foncière Namur made a loss of €396,823.
Where can I find the annual accounts of Foncière Namur?
Foncière Namur filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Foncière Namur due?
Foncière Namur must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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